This table shows the different combinations of goods that Jack can consume,given that his income to spend on these two items is $10.Considering the information in the table shown,if Jack's income to spend on these two items were to increase to $16:
A) he could afford to buy 16 popsicles and 8 ice cream cones.
B) he could afford to buy either 16 popsicles or 8 ice cream cones.
C) he could afford to buy 8 ice cream cones and 4 popsicles.
D) None of these is true.

Question

Quizplus · Accepted Answer

If Jack's income increases to $16, he can afford to buy either 16 popsicles (assuming each popsicle costs $1) or 8 ice cream cones (assuming each ice cream cone costs $2), but not both together.

This Table Shows the Different Combinations of Goods That Jack